Los Angeles
Bill Concannon Promoted to CBRE Global Group President
Los Angeles-based CBRE Group, Inc. promoted Bill Concannon to the position of Global Group President. Concannon, who leads CBRE’s occupier… Read more
First Ground-Up Co-Living Development Under Construction
A Los Angeles-based startup called Treehouse is building what’s dubbed as the nation’s first ground-up co-living housing development. Co-living communities… Read more
Billionaire Lists Estate for $85M
The 47-year old founder and former chief executive of Legendary Entertainment, Thomas Tull, and his wife Alba, are listing their… Read more
Moinian Raises $175M on the Tel Aviv Stock Exchange
An affiliate of real estate giant The Moinian Group, based in New York City, has raised $175 million by issuing… Read more
Amazon Reveals Contenders for $5B HQ2
The short list of cities still in the running for Amazon’s $5-billion HQ2 includes 20 metropolitan areas. The giant Seattle-based e-commerce… Read more
Torani Lands at San Leandro’s Marina Gateway Industrial Center
Los Angeles-based Overton Moore Properties (OMP) signed a 15-year lease valued at $65 million with Torani, Inc. in San Leandro,… Read more
Port of Los Angeles Breaks All-Time Cargo Volume Record in 2017
The Port of Los Angeles moved more cargo in 2017 than any time in the Port’s 110-year history, racking up… Read more
199-Unit Triple Crown 2 Sells to Cali Buyer
Orion Real Estate Partners closed on the acquisition of the 199-unit Triple Crown 2 Apartments, a garden-style, workforce apartment complex… Read more
Hudson Pacific Divests California Assets for $255M
Los Angeles-based Hudson Pacific Properties, Inc. is divesting four office assets in California for aggregate gross proceeds of $254.8 million… Read more
Industrial Remains “White Hot”
The explosive growth of e-commerce and strong port volume continues to fuel demand for the Inland Empire’s industrial markets. TEU… Read more
Eric Hasserjian Departs CBRE for NAI Capital
Los Angeles-based NAI Capital expanded its leadership team with the addition of Eric Hasserjian, who joins the firm as President… Read more
The Most “Instagrammed” Travel Destinations
We are just about a week into the new year, and some may still be replaying their holiday travels in… Read more
Adaptive Re-Use Emerges as Hotel Sector’s Hedge Against Risk
The hotel sector in Southern California is booming. Los Angeles County set a record for drawing tourists last year, hosting… Read more
Lendlease Staying in DTLA, Relocating to City National Plaza
Lendlease signed an 11-year lease at City National Plaza in Downtown Los Angeles. The Australian property company is taking 17,523… Read more
$600M MXU Proposed for Former MWD Campus
Los Angeles-based Palisades proposed development of 1111 Sunset, a $600-million mixed-use residential and hotel complex on the former HQ campus… Read more
NKF Completes $120M Sale of Irvine’s 2600 Michelson
Los Angeles-based CBRE Global Investors acquired 2600 Michelson, a 16-story, 311,000-square-foot office tower in Irvine, CA from Ocean West Capital… Read more
$300M MXU Development Planned Near USC, Expo Park
Irvine, CA-based Ventus Group revealed plans for the $300-million The Fig, a 4.4-acre mixed-use development south of DTLA on Figueroa… Read more
Airbnb Continues Robust California Growth
Airbnb hosts in California welcomed 40% more guests last year than in 2016. Los Angeles topped the list with 1.4… Read more
CBRE Report: Video Games Poised for Prime Time
Esports, the term for competitive video gaming, will increasingly impact office and broadcast studio space in the Greater Los Angeles… Read more